Exclusive: Only 7% of 300,000 Prop Trading Accounts Achieved Payouts
In the world of prop trading, success is elusive for many. According to FPFX Tech’s data, exclusively seen by Finance Magnates, a mere 7% of investors manage to turn a…
UAE Outshines Germany and Hong Kong as Top Tech Destination, Survey Shows
The UAE is quickly growing into a global technology hub, capturing the attention of Asian tech professionals. A recent survey by Capital.com reveals that 81% of Asian tech experts view…
Prop Firm TradersWithEdge Brings Back MT5 with Trading Promotions
As the financial services industry experiences rapid and transformative changes, leading fintech experts and policymakers come together to discuss the present and future of retail trading and the evolving regulatory…
Prop Firm CK Capital Seeks Growth in Competitive North American Market
CK Capital, a UK-based prop trading company, has announced its expansion into North America, accepting clients from the United States and Canada. This move comes just months after the firm’s…
Highlights from Our Quarter 2 2024 Report
Quarter 2 2024 Report: Key Takeaways and Market Insights The second quarter of 2024 has been a dynamic period for the forex and CFD trading industry. Our latest Quarter2 2024…
Voting Underway for FMAA – The Industry’s Most Transparent Awards
Every forex broker must grapple with brand development, while maintaining a level of quality and service that sets it apart from competitors. Of course, countless strategies exist to achieve this…
6 Years After This FX/CFD Broker’s Collapse, Its Ex-Director Pleads Guilty
Daniel Kirby, a former director of collapsed FX/CFD provider Berndale Capital, has pleaded guilty to multiple charges of financial misconduct, Australian authorities announced today (Wednesday). Former Berndale Director Pleads Guilty…
OFX Expands in Germany, Eyeing €180 Billion Market
Foreign exchange services provider OFX has launched a new regional team in multiple German cities, signaling an expansion of its European operations. The move aims to provide enhanced support for…
MetaTrader 5 Now Supports over 40 Payment Options for Global Traders
MetaTrader 5 now supports more than 40 new payment methods customized to different regions. With new methods ranging from popular digital wallets to local banking systems, MetaTrader 5 is targeting…
FDIC Tightens Grip on Fintech Firms, Proposes Record-Keeping Rules for Banks
The Federal Deposit Insurance Corporation (FDIC) has proposed a significant rule that compels banks to maintain detailed records of fintech customers’ data, CNBC reported. This initiative follows the collapse of…
